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Apr 23, 2013
04/13
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neil: faa has a higher budget this year than last year, i having said that, what is in it for them, if you think about. everything i think trickles down to the president good or bad. >> a few months they played the hand it was a disaster, they walked it back, they saw of it not a disaster we just slowing increase in spending. neil: your facts are dead obut these cuts would be rolled in this is latest more come ing on the travelling, you say it is a nightmare because there are fewer planes and stuff to the gill. >> yes, you have 4 airlines controlling 85% of domestic flights, people saying that airfares are not going up are crazy, they are going up, they have been rising it will be a very expensive summer to travel, and chuck schumer saying it will be like flying in a blizzard, these are the conditions, if he is talking about a blizzard because of the sequester cuts, what is going to happen to travelers, they will think twice about travelling, 1.7 million people jammed and the planes this summer maybe they will think twice about going, then what is the economic impact on that? it affect
neil: faa has a higher budget this year than last year, i having said that, what is in it for them, if you think about. everything i think trickles down to the president good or bad. >> a few months they played the hand it was a disaster, they walked it back, they saw of it not a disaster we just slowing increase in spending. neil: your facts are dead obut these cuts would be rolled in this is latest more come ing on the travelling, you say it is a nightmare because there are fewer planes...
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Apr 23, 2013
04/13
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the faa is in some ways caught between a rock and our place. let's see. i think they're making the kind of management decisions that will have modest, if any, affect on the traffic system. melissa: we will see. thank you for coming on. >> of come back if it does not work out that way. [laughter] melissa: okay. you're a brave man. i like that. time to check the fuel gauge report. halliburton says this is setting aside an additional $1 billion to pay private claims from the 2010 deep water horizon rig explosion. in an earnings policy the company said the increased reserve caused a first quarter loss of $18 million. $0.2 per share compared with a profit of 627 million or $0.68 per share from a year ago. the good news on gas price, the average price of a gallon of regular has dropped $0.11 in the past few weeks. experts say the prices could go down another $0.20 in the next two months. that is the exact opposite of what we were used to seeing as prices generally go up at this time of year. good news. the cheaper gas could hit. toyota says sales of the previou
the faa is in some ways caught between a rock and our place. let's see. i think they're making the kind of management decisions that will have modest, if any, affect on the traffic system. melissa: we will see. thank you for coming on. >> of come back if it does not work out that way. [laughter] melissa: okay. you're a brave man. i like that. time to check the fuel gauge report. halliburton says this is setting aside an additional $1 billion to pay private claims from the 2010 deep water...
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Apr 24, 2013
04/13
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. >> the faa chief under fire for flyers getting hot under the collar. welcome, i'm neil cavuto, and to hear some republicans tell us, the sequestration blame doesn't fly. airlines are now complaining. chicago o'hare on the big frustration and still the big wait, huh? >> nationwide, 2,623 flights delayed so far today. that's according to the flight tracking service flight aware. while many of those were due to weather, the majority of them are considered to be fallout from the sequestration cuts. this morning 45 minute delays in los angeles. 30 minutes in chicago. you can see we're in a afternoon lull but we spoke to passengers flying across the country and experiencing setbacks firsthand. >> you have a schedule you have to keep on, get your connecting flight. i think it's rotten we're paying for the sequester. >> it's an inappropriate area to cut. travel is extremely important to the american economy on multiple levels and time is money. >> i'm worried about the amount of travel i have to do and delays and having to plan ahead for delays. so we'll have
. >> the faa chief under fire for flyers getting hot under the collar. welcome, i'm neil cavuto, and to hear some republicans tell us, the sequestration blame doesn't fly. airlines are now complaining. chicago o'hare on the big frustration and still the big wait, huh? >> nationwide, 2,623 flights delayed so far today. that's according to the flight tracking service flight aware. while many of those were due to weather, the majority of them are considered to be fallout from the...
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Apr 18, 2013
04/13
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>> the faa will not get egg on their face again. they'll look at every t, every i, every period on these documents to make sure it gets in the sky. they approved it, up approved it, and they will not get in that situation again. dagen: what do you think it could happen? based on the air carriers themselves that already own the jets, they were anticipating next month. what do you think the faa will give them the go ahead to fly the babies again? >> well, united's already planning to have it in service may 31, looking at mid-may at the latest. right now, it's a paperwork chase, a fix found, and now looking to get it into place, update, and make sure it works. dagen: criticism of the faa, however, of relying too heavily on boeing, the company employees there for the testing of the fix. what position, how flood watch informed are the people at the faa about what's going on? is the agency keeping up with these technological advancements in aviation? >> well, you know, they can't keep up with all the various nuances and details of every n
>> the faa will not get egg on their face again. they'll look at every t, every i, every period on these documents to make sure it gets in the sky. they approved it, up approved it, and they will not get in that situation again. dagen: what do you think it could happen? based on the air carriers themselves that already own the jets, they were anticipating next month. what do you think the faa will give them the go ahead to fly the babies again? >> well, united's already planning to...
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Apr 24, 2013
04/13
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neil: a republican senator and a democratic senator have the same question for the faa, if our budget is bigger, why are the delays getting longer, they want to know if you cut, why controllers and towers at the top of the list. not ought of the other stuff under -- not all other stuff under. senator, quickly garnering a lot of support for what he is calls protect our skies act. you want to know, look, we understand the sequestration cuts but we question why these cuts? >> absolutely. no business person would make the choice to cut things that effect their customers the most. why does government make that decision unless there is some motivation to get the consequences to be as dramatic and difficult as possible. neil: they say they have no choice. i don't know who is telling trulgingtruth, i have looked in, they say with these cuts they are almost preordained, these are cuts to some everyone agreed. i don't remember talking to a losalot of your colleagues at te time that sequestration would include automatically air traffic controllers, maybe i missed something? >> absolutely not the
neil: a republican senator and a democratic senator have the same question for the faa, if our budget is bigger, why are the delays getting longer, they want to know if you cut, why controllers and towers at the top of the list. not ought of the other stuff under -- not all other stuff under. senator, quickly garnering a lot of support for what he is calls protect our skies act. you want to know, look, we understand the sequestration cuts but we question why these cuts? >> absolutely. no...
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Apr 16, 2013
04/13
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a terrorist act although it is unclearnc whether domestic or international at this time p that the faa placing of a temporary flight restriction over the site at the request of boston and law-enforcement and a department justice released a statement that reads "ecte attorney-general eric holder has directed fullsour resources of the justice department to be deployed investiged. the boston police department is scheduled to bri the public at this second briefing and that is scheduled at any moment here and we will be going to that to listen to what police commissioner ed davis, we're also told that governor patrick will be there as well but we will be going to that as soon as that press cference begins. joining me now for more on today's tragic events, former new york police department homicide detective bo dietl, and bill bailey. nice to have you with us. this is obviously a terrorist act that took some team before the authorities to be as careful as they should be, would say that it was precise that. what areour thoughts as you look at ths? we know at dozens of people injured here, at
a terrorist act although it is unclearnc whether domestic or international at this time p that the faa placing of a temporary flight restriction over the site at the request of boston and law-enforcement and a department justice released a statement that reads "ecte attorney-general eric holder has directed fullsour resources of the justice department to be deployed investiged. the boston police department is scheduled to bri the public at this second briefing and that is scheduled at any...
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Apr 22, 2013
04/13
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faa is saying there are delays basically close to coast. as far as specifics are concerned they could not provide us with any ties of numbers. that has a number about folks, especially republicans in congress say this is entirely structured by the faa to inflict what they say is maximum pain on airline travelers. this is comment about bill shoeser, the chairman of the transportation and infrastructure committee. he said disregard for the american public is indicative that the admin strution -- administration views the sequester as a attempt to score political points rather than address issues and than find real savings in a bloated federal brock bureaucracy. the way they arranged the law, they have few other options. >> the faa unlike other agencies is personnel heavy. in the end you can not avoid, when 70% of your operating budget is personnel you can not avoid when the cuts are deep as they are in the sequester the kind of actions that are taken, these furloughs. that is the unfortunate fact of arbitrary across-the-board cuts like this. >
faa is saying there are delays basically close to coast. as far as specifics are concerned they could not provide us with any ties of numbers. that has a number about folks, especially republicans in congress say this is entirely structured by the faa to inflict what they say is maximum pain on airline travelers. this is comment about bill shoeser, the chairman of the transportation and infrastructure committee. he said disregard for the american public is indicative that the admin strution --...
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Apr 16, 2013
04/13
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at the airline's request the faa grounded all american flags at least through 5:00 p.m. eastern as the company tried to work through the problems. estimated about 900 flights would be delayed if american resume flying by 5:00 p.m., causing another 800 delays tonight because planes and crews would not be where they are needed. customers complained to social media and they described long lines and frustration at the lack of information from airline employees. one passenger in dallas. saying tensions are high, a lot of people getting mad. several yelling at american agents. gerri: not too surprising. we really appreciate you getting on this for us. thank you. onto tonight top story, a shocking admission from the head of the fda, age and chief margaret hamburg said she is almost powerless to protect us from dangerous drugs like the one from a massachusetts company blamed for the deaths of 53 people. that word coming in after a week full of such reports describing deplorable conditions and oversight at pharmacies around the country. the fda can't guarantee one of their most b
at the airline's request the faa grounded all american flags at least through 5:00 p.m. eastern as the company tried to work through the problems. estimated about 900 flights would be delayed if american resume flying by 5:00 p.m., causing another 800 delays tonight because planes and crews would not be where they are needed. customers complained to social media and they described long lines and frustration at the lack of information from airline employees. one passenger in dallas. saying...
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Apr 23, 2013
04/13
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the faa had people on air traffic controllers. did you know the faa will spend $500 million on consultants this year? 325 million on supplies and travel? 470 million on grants. to make communities more livable and stable. why not divert some of it to air traffic controllers so we can avoid delays. you can't do that, the president doesn't have the flexibility to shift spending away from services. now, the cuts must be across the board. so why did president obama threatened to veto a republican bill that specifically gave him flexibility? why did he reject the opportunity to emplo and void inflicting pain? he wants air travelers to blame republicans. as you sit on the tarmac, you're being urged to write to congress. administration is using the heavily regulated airlines to channel your anger. it hurts them, so blame the republicans, not me. i don't think it is going to work. we can see through this ploy and don't we deserve better management than this? i'm going to try to remember the last time a president deliberately hurt the pres
the faa had people on air traffic controllers. did you know the faa will spend $500 million on consultants this year? 325 million on supplies and travel? 470 million on grants. to make communities more livable and stable. why not divert some of it to air traffic controllers so we can avoid delays. you can't do that, the president doesn't have the flexibility to shift spending away from services. now, the cuts must be across the board. so why did president obama threatened to veto a republican...
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Apr 19, 2013
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the faa has discretion to implement cuts without furloughing air traffic controllers. like customs department, tsa, they have not acted to minimize potential impacts. airlines are not happy about this at all. they mentioned the tsa. the tsa line, there the tsa will not furlough anybody. they come up with anybody for that to minimize the i am packs. they're disappointed airlines, are the administration is doing that. secretary lahood says we have to save money somehow. i leave you with airline stocks. it has been a great year. hope that doesn't get blown up by all of this. i'm going on vacation on sunday. that is when the furloughs are starting to kick in. i will be reporting angrily from the airport if you see me on monday, i'm not going to be happy. tracy:. tracy: ashley will be back on monday. you know how he gets when he talks about airlines and airline experiences. between the two of you will be good tv. jeff flock. >> thanks, trace. tracy: quarter past the hour. we have to get a check on these markets. as we do, lauren simonetti on the floor the exchange. we're lo
the faa has discretion to implement cuts without furloughing air traffic controllers. like customs department, tsa, they have not acted to minimize potential impacts. airlines are not happy about this at all. they mentioned the tsa. the tsa line, there the tsa will not furlough anybody. they come up with anybody for that to minimize the i am packs. they're disappointed airlines, are the administration is doing that. secretary lahood says we have to save money somehow. i leave you with airline...
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Apr 24, 2013
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with respect to the faa contrac@ control towers, what the faa did, they sat down with the department of homeland security and the pentagon with the stake holders to help them prepare for it. did did not happen here with respect to the air traffic control furloughs. it's clear if we're going to learn about the cuts via white house press release, and that is simply unacceptable. we should be managed better. p >> to your point, other agencies have discretion; right? have they not asked -- they probably would have received the same. they spent 500 million on consultants, maybe necessary, but we could have probably found other ways to do this. just go to the cafeteria for the day. >> a 4% cut, talking about, what, 40% of flights delayed. what's more troubling is when the directer was confronted about how about deferring some of these expenditures for long term projects and releasing the funds for immediate or short term needs like making sure that we have aircraft controllers available to help with the immediate issue, he didn't have an answer and didn't respond, and, again, when confront
with respect to the faa contrac@ control towers, what the faa did, they sat down with the department of homeland security and the pentagon with the stake holders to help them prepare for it. did did not happen here with respect to the air traffic control furloughs. it's clear if we're going to learn about the cuts via white house press release, and that is simply unacceptable. we should be managed better. p >> to your point, other agencies have discretion; right? have they not asked --...
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Apr 22, 2013
04/13
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dennis: the faa. melissa and lori investigate the agency backpedals on the so cluster cuts that are supposedly delaying flights. cheryl: sending his root growth. bernanke missing the big jackson hall meeting. that is coming up next. you are watching markets now. ♪ g. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to seah hundreds of cards and apply online. creditcards.com.
dennis: the faa. melissa and lori investigate the agency backpedals on the so cluster cuts that are supposedly delaying flights. cheryl: sending his root growth. bernanke missing the big jackson hall meeting. that is coming up next. you are watching markets now. ♪ g. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to seah hundreds of cards and apply online. creditcards.com.
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Apr 22, 2013
04/13
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this is not congress sending this to the faa and the faa having a choice. this is a considered move on the part of ray lahood to lead people love to make the system go down. it is the fa doing this intentionally. they want to make sure that we see a situation. if we don't raise taxes we will be in trouble. we don't have to do this. we did not have to leave these people often there is no financial reason for it. let's not make excuses. it is just plain bad management of the way around. gerri: and, of course, it to you. breaking news this afternoon about a lawsuit filed by the industry. the judge in that case did not grant an emergency stay to block furloughs. are you surprised? >> i am a little surprised. obviously a lot of legal opinions that says the faa can actually switch funds around to make this, but i do think it will take but the administration and congress to come together to solve this problem. the faa should delay the cuts that congress should clear up the authority to switch around of funds. it will take both bodies to prioritize this is a proble
this is not congress sending this to the faa and the faa having a choice. this is a considered move on the part of ray lahood to lead people love to make the system go down. it is the fa doing this intentionally. they want to make sure that we see a situation. if we don't raise taxes we will be in trouble. we don't have to do this. we did not have to leave these people often there is no financial reason for it. let's not make excuses. it is just plain bad management of the way around. gerri:...
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Apr 19, 2013
04/13
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boeing came up with a fix, which the faa is now testing. the ordeal has already cost the jet maker $600 million, but more losses could be added on as airlines consider asking boeing for compensation. a quiet town in texas mourns the tragic deaths of more than a dozen people caught in a massive explosion at a fertilizer plant. it's considered the largest industrial disaster this decade. president obama quickly pledged federal emergency funds to the area. rescuers spent hours searching through rubble for survivors. the disaster started with a small fire at west fertilzer plant. according to reports, the company was fined $2,300 by the epa for a saftey violation, but settled in 2006. the german parlaiment is backing a $13-billion bailout for struggling cyprus. it's nearly twice the amount estimated a month ago. german taxpayers worry even more money may be needed. the cyprus parliament votes on the bailout package next week. the german prime minister calls the rescue essential, and says without it there's a "significant risk" of contagion to g
boeing came up with a fix, which the faa is now testing. the ordeal has already cost the jet maker $600 million, but more losses could be added on as airlines consider asking boeing for compensation. a quiet town in texas mourns the tragic deaths of more than a dozen people caught in a massive explosion at a fertilizer plant. it's considered the largest industrial disaster this decade. president obama quickly pledged federal emergency funds to the area. rescuers spent hours searching through...
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Apr 24, 2013
04/13
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the faa and administration says the law does not give them that authority. so they're continuing to go around on that point and may take congress to change the law to get any movement here on this what the top democrat in the senate is proposing is using what is known as overseas contingency operation money, oco money, basically money we're not going to spend in iraq and afghanistan from winding wars down there. republicans call it a budget trick. the white house is endorsing it. >> these are real policy choices that produce savings. we believe that senator reid's proposal is a good one in that it would temporarily delay the sequester and all the negative effects that we're talking about now to air travelers and families and seniors. >> whether oco is the mother of all gimmicks or just a glaring one, everybody other than the majority leader evidently agrees on one thing it is the height, the height of fiscal irresponsibility. >> other democrats are suggesting closing what is known as the corporate jet tax loophole to pay for the air traffic controllers. ther
the faa and administration says the law does not give them that authority. so they're continuing to go around on that point and may take congress to change the law to get any movement here on this what the top democrat in the senate is proposing is using what is known as overseas contingency operation money, oco money, basically money we're not going to spend in iraq and afghanistan from winding wars down there. republicans call it a budget trick. the white house is endorsing it. >> these...
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Apr 24, 2013
04/13
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the budget cuts, republicans say the faa should find somewhere else to cut the $16 billion budge. democrats say they can't do that. the way the law is designed does not give flexibility to do that so they propose a bill that would use up used war funding to replace all of the automatic budget cuts. it's called a budget trick so there's not much coming from capitol hill that's going to solve this any time soon. right now, the faa's administrator is testifying before capitol hill committee, and there's an argument whether or not the administration has structured these cuts to maximize delays. >> this imperial attitude on the part of the administration and you're the most recent of the imperialism is discussing. >> hardest thing to do is reduce these hours, but in order to hit the target, we need to hit, we don't have any choice. >> there's more than just cuts to the faa, and a short while ago saying there's frustration in the economic effects of the flight delays, but sequestering could cost the country and human kind a cure for aids, parkinson's or cancer referring to cuts in resea
the budget cuts, republicans say the faa should find somewhere else to cut the $16 billion budge. democrats say they can't do that. the way the law is designed does not give flexibility to do that so they propose a bill that would use up used war funding to replace all of the automatic budget cuts. it's called a budget trick so there's not much coming from capitol hill that's going to solve this any time soon. right now, the faa's administrator is testifying before capitol hill committee, and...
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Apr 22, 2013
04/13
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. >>> also tonight, the faa says the sequester is starting it to start furloughs. that means major delays at airports. this is all politics. we'll talk to one airline pilot who says the faa action is bologna. >>> and the senate is beginning to vote to improve an -- approve an internet sales tax that will wreck small business, dan consumers and amount to a huge tax grab for state governments across the country. a terrible idea. ""the kudlow report"" begins right now. ♪ all right. charges were filed against terror suspect dzhokhar tsarnaev. nbc news' pete williams joins us with all the details. good evening, pete. >> well, the combination of evidence here the government says they have, larry, the main thing here is from a surveillance video from the scene of a second bombing, they say they can see dzhokhar tsarnaev come into view. they see him work his way into the crowd, take his backpack off, lower it to the ground. they say still photographs show it down on the ground at his feet and they say one of the most telling moments is when the bomb at the first site goe
. >>> also tonight, the faa says the sequester is starting it to start furloughs. that means major delays at airports. this is all politics. we'll talk to one airline pilot who says the faa action is bologna. >>> and the senate is beginning to vote to improve an -- approve an internet sales tax that will wreck small business, dan consumers and amount to a huge tax grab for state governments across the country. a terrible idea. ""the kudlow report"" begins...
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Apr 24, 2013
04/13
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the faa's mismanagement of this issue is a source of bipartisan frustration. our goal here shouldn't be to score political points on the backs of weary travelers. it should be to fix the problem. >> i find it fascinating that mitch mcconnell, the leader of the republican party in the senate is decrying the sequester that he decried in the past and then supported. this is a result of the sequester being implemented. we made it clear that there would be these kinds of negative effects if congress failed to take reasonable action to avert the sequester. >> transportation secretary ray lahoud says safety is not being cop compromised. >> this can be prevented. the sequester can be lifted by congress changing the law. >> should people be worried if they're flying about safety being compromised? >> absolutely not. we never compromise safety. safety is always our number one priority. >>> democrats face a new hurdle in their bid to keep control of the u.s. senate in 2014. finance committee max baucus says he will not seek a seventh term in office. bachus has served in
the faa's mismanagement of this issue is a source of bipartisan frustration. our goal here shouldn't be to score political points on the backs of weary travelers. it should be to fix the problem. >> i find it fascinating that mitch mcconnell, the leader of the republican party in the senate is decrying the sequester that he decried in the past and then supported. this is a result of the sequester being implemented. we made it clear that there would be these kinds of negative effects if...
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Apr 19, 2013
04/13
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of air traffic controllerring told to stay home, control tower closed because of sequestration and faa chief said expect delays if you are flying this weekend. investors and markets try to work through the massive news flow, we watch every move, count down to the closing bell starts right now. liz: good afternoon i am liz claman, we want to get you latest and effort that led to what happening right now in boston bombing investigation. these two brothers now identified as marathon bombing suspects were living in cambridge, they are of chechen decent, under massive pressure after photos revealed yesterday, by fbi, killed an m.i.t. campus officer, then carjacked a mercedes suv overnight, police in hot pursuit chased them to watewatertown, a deafening gunft overnight ensued. shattering a neighborhood, listen to this. [ sound of gunfire ] dogs barking neighbors running people cowering in homes one of suspects 26-year-old tamerlan tsarnaev was killed his brother dzhokhar still on the loose, we'll keep up a split screen or depending on what is happening a big/little. we'll break in with any n
of air traffic controllerring told to stay home, control tower closed because of sequestration and faa chief said expect delays if you are flying this weekend. investors and markets try to work through the massive news flow, we watch every move, count down to the closing bell starts right now. liz: good afternoon i am liz claman, we want to get you latest and effort that led to what happening right now in boston bombing investigation. these two brothers now identified as marathon bombing...
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Apr 23, 2013
04/13
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that led to delays for nent minutes of arriving flights, that's about 10% of the faa's air traffic controlling work force were required to take an unpaid day off on monday. additional furloughs of tsa workers also lead to peak hour backups at security checkpoints. >>> sticking with airport security the tsa is postponing a rule change that would allow passengers to carry small knives on planes. the change is facing strong opposition from flight attendant and the air marshalls. the policy is being delayed so passengers, advocates and law enforcement experts can weigh in. the tsa plan to allow knives with small blades on planes starting this thursday. it would have been the first time they would have been back on passenger planes since september 11th, 2001. >>> new york city at it again. it may become the biggest city in america to raise the legal age for buying cigarettes to 21. the city already opposes the highest cigarette taxes in the country. it also bans smoking in bars, parks and beaches while launching graphic advertising campaigns about the hazards of smoking. smokers of retailers say th
that led to delays for nent minutes of arriving flights, that's about 10% of the faa's air traffic controlling work force were required to take an unpaid day off on monday. additional furloughs of tsa workers also lead to peak hour backups at security checkpoints. >>> sticking with airport security the tsa is postponing a rule change that would allow passengers to carry small knives on planes. the change is facing strong opposition from flight attendant and the air marshalls. the...
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Apr 22, 2013
04/13
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we have seen the faa budget for controllers rise 50%, and traffic is down 27%. so we're throwing more money to handle less of a problem, yet now is the time we chose to start making the american people feel the pain? it just doesn't make sense. >> shepard: the american people are already feeling the pain. i've been flying for a long time, and it's never been like this. every flight you get on, it's filled to the brim. the planes are smaller, the number of people vrabel to help you is fewer, and flying is often miserable, and wasn't always like this. wasn't leak this a couple of years ago. it's like we're down to almost one airline, and you wonder when we'll reach the tipping point and people go, enough. >> you're right. airlines are really cutting everyplace they can to make money. airlines are more profit baseball and i think the passenger experience is suffererring. >> they are lot more profitable, making tons of money and passengers are suffering. you wonder when it is that customers go, no, you have to do better. i guess unless and until there's an alternati
we have seen the faa budget for controllers rise 50%, and traffic is down 27%. so we're throwing more money to handle less of a problem, yet now is the time we chose to start making the american people feel the pain? it just doesn't make sense. >> shepard: the american people are already feeling the pain. i've been flying for a long time, and it's never been like this. every flight you get on, it's filled to the brim. the planes are smaller, the number of people vrabel to help you is...
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Apr 22, 2013
04/13
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there is real question as to whether or not the faa actually has a choice. >> the faa unlike other agencies is personnel heavy and, in the end you can not avoid, when 70% of your budget of your operating budget is personnel, you can not avoid when the cuts are as deep as they are in the sequester the kind of actions that are taken, these furloughs. that is an unfortunate fact of arbitrary, across-the-board cuts like this. >> the faa is playing politics and something they do very well because they can rely on their constituent groups, airlines and airport operators to run to congress in an attempt to put pressure on them to throw more money at the problem. >> so we have about a dozen flight delays here out of national airport, many of them going into new york area airports. it is tough to differentiate whether it is a problem with air traffic control or flying system you will get delays. you can't go into this assuming before sequestration and furloughs there were no delays at any airport. trying to figure out what the exact impact is rather difficult. however the airline industry said is co
there is real question as to whether or not the faa actually has a choice. >> the faa unlike other agencies is personnel heavy and, in the end you can not avoid, when 70% of your budget of your operating budget is personnel, you can not avoid when the cuts are as deep as they are in the sequester the kind of actions that are taken, these furloughs. that is an unfortunate fact of arbitrary, across-the-board cuts like this. >> the faa is playing politics and something they do very...
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Apr 23, 2013
04/13
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ashley: outrage over faa furloughs and flight deys. lawmakers demanding answers from the white house. but those delays not stopping airline stocks from soaring. they're in the green today. we'll have all of that straight ahead. tracy: everyone is talking apple expected to report its first quarterly profit drop in 10 years. can apple do anything to stop the slide? we'll have a preview coming up. ashley: first at to the top of the hour, stocks back on track after a steep drop last hour. nicole petallides on the floor of the new york stock exchange. sandra smith is in the pits of the consider me. let's begin with nicole. i guess it as hacker flash crash of sorts, nicole. >> that is good way to call it. this is moment, whew, its all done. we made it through. look where market averages are. they are virtually where they were moments before we saw the market move into negative territory. the dow industrials up 130 points, a gain of 1%. like s&p 500, tech-heavy nasdaq best of the bunch. continuing trend we've seen three days in a row with up
ashley: outrage over faa furloughs and flight deys. lawmakers demanding answers from the white house. but those delays not stopping airline stocks from soaring. they're in the green today. we'll have all of that straight ahead. tracy: everyone is talking apple expected to report its first quarterly profit drop in 10 years. can apple do anything to stop the slide? we'll have a preview coming up. ashley: first at to the top of the hour, stocks back on track after a steep drop last hour. nicole...
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Apr 24, 2013
04/13
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republicans say the faa has been mismanaged. there's clearly irritation that 10% of the country's air-traffic controllers have been furloughed and some suggestedlet money should come from elsewhere in the faa budget. >> these are all bad choices. i acknowledge that. but in order to comply with the guidelines of the sequester law, we have to take these actions. >> i wish you would have told us earlier so we had a chance to plan. >> lawmakers told him they knew the cuts were coming but only get the details of how they'll be carried out last week. >> shepard: with everybody in the country screaming and yelling and 3-hour delays, my guess is they're going to figure something out. >> well, that's what everybody's waiting for. which side will blink first. one lawmaker representing the chicago area, a democrat, said what about the idea if you avoided the nation's largest and busiest airports, think o'hare, thinking that would be good for the traveling public. >> with all due respective a hard time believing that atlanta, chicago, and s
republicans say the faa has been mismanaged. there's clearly irritation that 10% of the country's air-traffic controllers have been furloughed and some suggestedlet money should come from elsewhere in the faa budget. >> these are all bad choices. i acknowledge that. but in order to comply with the guidelines of the sequester law, we have to take these actions. >> i wish you would have told us earlier so we had a chance to plan. >> lawmakers told him they knew the cuts were...
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Apr 24, 2013
04/13
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lou: the faa says staffing reductions from sequester related furloughs are to blame for the more than 1,000 flight delays yesterday. interestingly, few washington d.c. area airports are experiencing any delays allow. senator ted crews, republican of texas now said he wants the path the citizenship taken off the table for immigration reform. in an interview with cbs a senator crews suggested the reason president obama and the democrats are insisting on a path the citizenship in the gang of a pill is that they know that it will scuttle the effort altogether and that they will be able to campaign on the issue again in 2014 and 2016. our first guest says before we hurry to overhaul our immigration laws we must methodically look at each of the components that need to be fixed to that end, the house judiciary committee will unveil two measures this week aimed at creating a new temporary agricultural guest worker program and a measure that requires all employers to use e-rarefy. joining us now, house judiciary committee chairman, congressman bob good lot of virginia. good to have you with us
lou: the faa says staffing reductions from sequester related furloughs are to blame for the more than 1,000 flight delays yesterday. interestingly, few washington d.c. area airports are experiencing any delays allow. senator ted crews, republican of texas now said he wants the path the citizenship taken off the table for immigration reform. in an interview with cbs a senator crews suggested the reason president obama and the democrats are insisting on a path the citizenship in the gang of a...
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Apr 19, 2013
04/13
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faa warns of thousands of flight delays, will you change your travel plans? drivers take the trains instead? log on to facebook.co facebook.com/afterthebell. we'll read your responses later this hour. please don't move. we're right here for you. ♪ [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on hisortfolio. and with some planning and effort, hopefully bob can retire at a more appropriate age. it's not rocket science. it just common sense. from td ameritrade. david: it was down week but up day at least toward the end of the day. s&p futures are closing. head to scott bauer at the pits of the the cme. what does it look like for monday, scott? >> now that volatility settled in, i think we'll have more volatility coming into the market next week. really monday and tuesday, we get existing home sales and new home sales. i think those will be two key economic reports among
faa warns of thousands of flight delays, will you change your travel plans? drivers take the trains instead? log on to facebook.co facebook.com/afterthebell. we'll read your responses later this hour. please don't move. we're right here for you. ♪ [ male announcer ] at his current pace, bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on...
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Apr 22, 2013
04/13
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CNBC
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>> i think it's less likely they'll get the faa to change their mind. it's more likely if there's huge public outcry that then you have people in congress who will say, okay, what can we do special in terms of funding so that the faa can reverse this? but i don't think the faa has any plans to change it on its own. >> all right, guys. we have breaking news. we want to -- thank you so much for joining us. get to our breaking news desk. authorities in canada are announcing a thwarted terrorist attack via amtrak between new york and montreal. let's listen to this. >> before we start, i would ask that you please turn off or put on silent mode your cell phones. today's press conference will last approximately 30 minutes. the rcp will be making statements on a national security criminal investigation. integrated national security enforcement teams in montreal and toronto. the statements will be followed by a short question period. >> okay. we want to get you the details of this press conference happening right now in canada. let's get to bertha coombs to give
>> i think it's less likely they'll get the faa to change their mind. it's more likely if there's huge public outcry that then you have people in congress who will say, okay, what can we do special in terms of funding so that the faa can reverse this? but i don't think the faa has any plans to change it on its own. >> all right, guys. we have breaking news. we want to -- thank you so much for joining us. get to our breaking news desk. authorities in canada are announcing a thwarted...
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Apr 23, 2013
04/13
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FBC
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and without border security he is spending money on border security making faa slowdowns of using for one minute there will be money spent on border security on this administration you are nets. >> do they care what is in these things? look back gun-control. it was right off the mark with a mental health issues but they had a package and rush it through and expected it to pass. lou: when we come back, we will ask if there is any relationship between the fbi canceling last weenesday press conference and the president giving the address on the disappointment of the gun control agenda half an ho later. ho later. just asking. [ lorenzo ] i'm lorenzo. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. [ male announcer ] a car that can actually see like e a hum, using ste
and without border security he is spending money on border security making faa slowdowns of using for one minute there will be money spent on border security on this administration you are nets. >> do they care what is in these things? look back gun-control. it was right off the mark with a mental health issues but they had a package and rush it through and expected it to pass. lou: when we come back, we will ask if there is any relationship between the fbi canceling last weenesday press...
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Apr 23, 2013
04/13
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potential suspects and we're told it will be another month before a federal court decides whether the faa can furlough air traffic controllers because of a sequester, they say. causing flight delays around the country the d.c. circuit court of appeals say because they're such an efficient organization they have set a deadline of may 22nd and the main airline industry group to file documents before denying the request of the emergency stay trying to stop the furlough. they did not think that would be inconvenienced to thousands of workers but both parties are urging the administration to postpone or cancel the furloughs claiming cfa a is a tool with which the administration plays politics. the energy department announces its version of taxpayers using $21 million from troubled car maker fisker automotive. the company on the verge of bankruptcy now with $171 million. they spent $660,000, and many of those yours and mine with every $103,000 car it sold. up next to the boston and bombing suspect read miranda rights. what happened to enemy combat and? he has been assigned three public defender
potential suspects and we're told it will be another month before a federal court decides whether the faa can furlough air traffic controllers because of a sequester, they say. causing flight delays around the country the d.c. circuit court of appeals say because they're such an efficient organization they have set a deadline of may 22nd and the main airline industry group to file documents before denying the request of the emergency stay trying to stop the furlough. they did not think that...
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Apr 22, 2013
04/13
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we had an faa statement release toefrd weekend reading in part, the faa will be working with the airlines and using a comprehensive set of air traffic management tools to minimize the delay impacts of lower staffing as we move into the busy summer travel season. now, we've got a counter view from the global visit travel association. they're saying, quote, our nation's xhid and businesses will pay a very steep price that significantly outstrips the goals produced savings through those furloughs. business and leisure travellers we talked to earlier today agree. >> traveling is stressful enough and when you don't know how long it's going to take you to get through the line, you have to add extra time that you wish you didn't have to to get from point a to point b. >> that will impact not only the stockholders, the employees, but also all of our customers. >> now, for the record, the faa will be furloughing 15,000 controllers. they have to take at least one day off every other week from now through the end of september. in our next update on "power lun lunch" we're going to talk to a spokesma
we had an faa statement release toefrd weekend reading in part, the faa will be working with the airlines and using a comprehensive set of air traffic management tools to minimize the delay impacts of lower staffing as we move into the busy summer travel season. now, we've got a counter view from the global visit travel association. they're saying, quote, our nation's xhid and businesses will pay a very steep price that significantly outstrips the goals produced savings through those furloughs....
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Apr 22, 2013
04/13
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FBC
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and without border security he is spending money on border security making faa slowdowns of using for one minute there will be money spent on border security on this administration you are nets. >> do they care what is in these things? look back gun-control. it was right off the mark with a mental health issues but they had a package and rush it through and expected it to pass. lou: when we come back, we will ask if there is any relationship between the fbi canceling last weenesday press conference and the president giving the address on the disappointment of the gun control agenda half an hour later. just asking. we will be right back... and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. would absolutely not have taken a zip line in the jungle. i'm really gd that girl stayed at home. vo: expea helps 30 million travelers a month find what they're looking for. one traveler at a time
and without border security he is spending money on border security making faa slowdowns of using for one minute there will be money spent on border security on this administration you are nets. >> do they care what is in these things? look back gun-control. it was right off the mark with a mental health issues but they had a package and rush it through and expected it to pass. lou: when we come back, we will ask if there is any relationship between the fbi canceling last weenesday press...
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Apr 22, 2013
04/13
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friday, the faa approved boeing's battery fix on its 787s. the jets could be in the air within weeks. meanwhile, boeing is slowing down production of its 747-8 jumbo jets because of weak demand for freighters. it is not expected to have a major effect on the jet maker's finances. dripping oil prices are seeping into the cost of gasoline. a gallon of unleaded fell around a nickel over the past week. phill flynn of price futures group joins us now. good morning to you phil. - good morning! usually you have me on when gas prices are going up and you are complaining. i think i should get some credit now that they are coming down. - how low will they go? - i think we could fall another 25¢ a gallon right now, because, let's face it, the cost of crude has been tumbling. in fact, if you look at the cost of brent crude, which has really been following gasoline prices, we are under $100 a barrel, and even opec may not be able to stop it, though they are talking about calling an emergency meeting. so the outlook for the summer driving season looks cle
friday, the faa approved boeing's battery fix on its 787s. the jets could be in the air within weeks. meanwhile, boeing is slowing down production of its 747-8 jumbo jets because of weak demand for freighters. it is not expected to have a major effect on the jet maker's finances. dripping oil prices are seeping into the cost of gasoline. a gallon of unleaded fell around a nickel over the past week. phill flynn of price futures group joins us now. good morning to you phil. - good morning!...
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Apr 23, 2013
04/13
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the faa says listen, you can't come in. we don't have enough people. we can't do the job. it was remarkable. we said how long? two and a half hours? why is that? >> maybe two and a half hours the faa says they might be able to round up enough people to land the airplanes in kennedy. >> that is stunning. i was watching in horror because i have to travel next week. >> take the train. i was going to go to washington. forget the airplane. just get on the train. it's too high risk. they didn't know their plane would not take off until the doors were closed and we were wheels up in 15 minute, they thought was the maximum and the pilot comes back and says listen, we can't land. they don't have enough people to land us in kennedy. >> thank you for the tweets on that because honestly and we were glad you brought it to our attention. thank you very much. >> our guest host this morning is henry blodget. he has thoughts on there as well. squawk will be right back. ♪ ♪ ♪ ♪ ♪ the new blackberry z10. with time shift and blackberry balance. built to keep you moving. see it in ac
the faa says listen, you can't come in. we don't have enough people. we can't do the job. it was remarkable. we said how long? two and a half hours? why is that? >> maybe two and a half hours the faa says they might be able to round up enough people to land the airplanes in kennedy. >> that is stunning. i was watching in horror because i have to travel next week. >> take the train. i was going to go to washington. forget the airplane. just get on the train. it's too high risk....
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Apr 24, 2013
04/13
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sequestration requires the faa to cut $637 million from its budget. yesterday, hundreds of airport workers were forced to stay home because of the cuts. congressional republicans took to twitter to blame the president. house speaker john boehner tweeted under the hashtag obamaflightdelays. congressman eric cantor tweeted "why is president obama unnecessarily delaying your flight?" white house spokesman jay carney told reporters "the faa has no choice under the automatic budget cuts brought about by the congressional republican budget priorities. the gop can eliminate sequestration by approving a debt reduction plan that includes taxes from the wealthy through the closing of loopholes." "these cutbacks, with all the harm that's being caused to the traveling public, there's just no reason that i can see that justifies what's being done here." flight delay information is available at faa.gov. a bill will be introduced in the senate today aimed at banks that are considered too-big-to- fail. the legislation is meant to reduce risk at banks carrying more th
sequestration requires the faa to cut $637 million from its budget. yesterday, hundreds of airport workers were forced to stay home because of the cuts. congressional republicans took to twitter to blame the president. house speaker john boehner tweeted under the hashtag obamaflightdelays. congressman eric cantor tweeted "why is president obama unnecessarily delaying your flight?" white house spokesman jay carney told reporters "the faa has no choice under the automatic budget...
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Apr 23, 2013
04/13
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CNBC
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we're going to show you that the faa has had a massive -- that's the blue line. they've gone from about $2 billion all the way up to over $5 billion in their operating budget since 2008. they're off the pink but still very high. and at the same time, the faa has gotten this massive increase of $2 billion to over $5 billion. traffic, domestic traffic, has plunged. has plunged from -- let's see. from 11 -- almost 11el million flights down to 9.5 million flights. so more money chasing fewer flights and furloughing workers to make life hard. what's that about? >> these are the priorities of government. and they would be absurd if they weren't just outrageous. they whose -- faa chose to prioritize air safety and passenger service, chose inflict as much political pain as possible on the traveling public. they have the money. as you pointed out. and they have a lot less, what i would say, frivolous spending on conferences, consultants, supplies, that they could be, frankly, prioritizing for -- another thing is, a year-and-a-half. since the sequester law became law to se
we're going to show you that the faa has had a massive -- that's the blue line. they've gone from about $2 billion all the way up to over $5 billion in their operating budget since 2008. they're off the pink but still very high. and at the same time, the faa has gotten this massive increase of $2 billion to over $5 billion. traffic, domestic traffic, has plunged. has plunged from -- let's see. from 11 -- almost 11el million flights down to 9.5 million flights. so more money chasing fewer...
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Apr 22, 2013
04/13
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they argue the faa has other ways to cut about $650 million out of what is a $16 billion department of transportation budget. >> the faa has and should have exercised the discretion not to furlough air traffic controllers who never in the history have been furloughed before during any budget sequestration, any shutdown of the faa or anything like that. >> even the white house today said this was never supposed to happen. brian? >> pick it up from there. hampton pearson, thank you very much. let's stay with the theme. you know what, airline stocks have actually been on a tear. the question now is whether or not the sequester could end that run. phil lebeau is here to preview the airline earnings ahead this week. i'm also wondering what they are going to say in their commentary about all of this issue. >> mandy, there's going to be plenty of commentary. we've already heard from some of the airlines they do expect sequestration to have some impact, probably not in the first quarter but definitely in the second quarter. delta is reporting before the bell tomorrow morning. now, a couple of
they argue the faa has other ways to cut about $650 million out of what is a $16 billion department of transportation budget. >> the faa has and should have exercised the discretion not to furlough air traffic controllers who never in the history have been furloughed before during any budget sequestration, any shutdown of the faa or anything like that. >> even the white house today said this was never supposed to happen. brian? >> pick it up from there. hampton pearson, thank...
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Apr 19, 2013
04/13
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we should point out that the faa has instituted a no-fly zone over watertown, massachusetts. amtrak has been suspended from new york to boston. to law enforcements across the country right now are focusing on this and stopping everything, putting it in lockdown mode. ambassador, thank you very much, phil mod, thank you very much. >> we have got the latest on the boston manhunt continuing throughout thebroadcast. >> we will speak with former u.s. marshal, who spent years chasing down fugitives. stay with us as our special live coverage continues. it's as simple as this. at bny mellon, our business is investments. managing them, moving them, making them work. we oversee 20% of the world's financial assets. and that gives us scale and insight no one else has. investment management combined with investment servicing. bringing the power of investments to people's lives. invested in the world. bny mellon. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can
we should point out that the faa has instituted a no-fly zone over watertown, massachusetts. amtrak has been suspended from new york to boston. to law enforcements across the country right now are focusing on this and stopping everything, putting it in lockdown mode. ambassador, thank you very much, phil mod, thank you very much. >> we have got the latest on the boston manhunt continuing throughout thebroadcast. >> we will speak with former u.s. marshal, who spent years chasing down...
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Apr 23, 2013
04/13
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yesterday alone the faa said there were more than 400 flight delays nationwide. 47,000 faa workers must take furlough days, including 15,000 air traffic controllers, losing one day of work every other week. that's a 10% reduction in staffing. >> when 70% of your budget of your operating budget is personnel, you cannot avoid when the cuts are as deep as they are in the sequester, the kinds of actions that are taken. >> today the transportation department says it's considering a request from the airline industry to temporarily suspend the delay rule in light of these furloughs. that rule prohibits airlines from keeping passengers on the tarmac for more than three hours. here in the bay area, an average of three air traffic controllers are scheduled to be furloughed in san francisco, oakland and san jose. officials say so far they haven't seen significant delays due to the furloughs here. however, the faa tells us los angeles international experienced delays of more than three hours for some arriving flights last night and that ended up causing delays for three flights from los angeles to
yesterday alone the faa said there were more than 400 flight delays nationwide. 47,000 faa workers must take furlough days, including 15,000 air traffic controllers, losing one day of work every other week. that's a 10% reduction in staffing. >> when 70% of your budget of your operating budget is personnel, you cannot avoid when the cuts are as deep as they are in the sequester, the kinds of actions that are taken. >> today the transportation department says it's considering a...
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Apr 23, 2013
04/13
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FBC
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some choice words for the faa. melissa francis and lori rothman will take you through the next hour of market now. stay with us.so ♪ w- last week, this month, and even next year. for seeing your business's cash flow like never before, introducing cash flow insight powered by pnc cfo. a suite of online tools that lets you turn insight into action. ♪ dennis: let's talk a quick note on netflix and apple. six months ago it felt like netflix could do nothing right and apple could do no wrong. we are watching apple for earnings after the bell to see whether they stumble yet again. cheryl: a lot of big will be coming out after the valve. melissa: huge market they are. welcome. i am melissa francis. lori: we will set you up. i am lori rothman. head
some choice words for the faa. melissa francis and lori rothman will take you through the next hour of market now. stay with us.so ♪ w- last week, this month, and even next year. for seeing your business's cash flow like never before, introducing cash flow insight powered by pnc cfo. a suite of online tools that lets you turn insight into action. ♪ dennis: let's talk a quick note on netflix and apple. six months ago it felt like netflix could do nothing right and apple could do no wrong. we...
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Apr 22, 2013
04/13
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CNBC
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>> this is faa, not tsa. but la hood knows all he has to do is say, that's the way it is, it's terrible. most people buy it. are you going to argue with this guy? you should. most people say, sequestration is terrible. we don't have enough money. when you look beyond it, and is we have to look beyond it, labor unions are, the organizations that represent airlines do. they'll all be on it. >> mike, real quick. gary, you're taking a trip today? i do have to fly today, yes. >> and the question is, if you're waking up this morning, you have a choice of which airport you're going to, he's going to laguardia, maybe, new york or jfk. >> give me some advice. >> what do you do? we're trying to get him into teet teeterboro. mike? >> any airport is going to get gummed up. >> it doesn't matter? >> no. look, your delay out of laguardia means you're going to miss your connection in chicago. so it's a whole system. omaha is going to get hit, lincoln is going to get hit, everybody is going to get hi it. >> but to be fair, we
>> this is faa, not tsa. but la hood knows all he has to do is say, that's the way it is, it's terrible. most people buy it. are you going to argue with this guy? you should. most people say, sequestration is terrible. we don't have enough money. when you look beyond it, and is we have to look beyond it, labor unions are, the organizations that represent airlines do. they'll all be on it. >> mike, real quick. gary, you're taking a trip today? i do have to fly today, yes. >>...
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Apr 16, 2013
04/13
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FBC
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faa says they completed all tests and analysis of the redesigned 787 batteries. they hoped to get the commercial fleet back in the air this month. that seems to be, if accurate, seems to be a step in the right direction. >> we'll see. breaking news now in oil, closing up one penny at $88.72 a barrel. today's slight gain snaps a three day slide for oil. >> gold rebounds from the biggest one-day drop in more than three decades. is now the time to get in or get out? we got the answer. >> as we do every day at this time of the day, look at the 10- and 30-year treasuries as we head to break. we'll be right back. ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ all on thinkorswim. from td ameritrade. all on thinkorswim. are you still sleeping? just wanted to check and make sure that we were on schedule. the first technology of its kind... mom and dad, i
faa says they completed all tests and analysis of the redesigned 787 batteries. they hoped to get the commercial fleet back in the air this month. that seems to be, if accurate, seems to be a step in the right direction. >> we'll see. breaking news now in oil, closing up one penny at $88.72 a barrel. today's slight gain snaps a three day slide for oil. >> gold rebounds from the biggest one-day drop in more than three decades. is now the time to get in or get out? we got the answer....
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Apr 22, 2013
04/13
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planning to fly sometime soony why the faa says today is the first day travelers will really feel the effects. >>> we'll get to the latest on the boston investigation in a moment. >>> first developing news overnight in washington state. at least five people were killed by gunfire at an apartment building in a suburb south of seattle. among the dead a suspect who was shot by police officers on the scene. another two bodies found in the parking lot and two more bodies were found inside the building. we'll bring you the updates on this latest gun tragedy as we get them. >>> bells will ring at 2:50 to mark one week since the deadly marathon bombings struck and according to investigators the lone surviving suspect, dzhokhar tsarnaev, is responding to questioning. under heavy guard in the hospital he is undergoing brief rounds of interrogation apparently responding by writing his answers. the 19-year-old was shot through the neck in what some have speculated may have been a suicide attempt. despite largely republican calls to have him held as an enemy combatant, he could face federal charge
planning to fly sometime soony why the faa says today is the first day travelers will really feel the effects. >>> we'll get to the latest on the boston investigation in a moment. >>> first developing news overnight in washington state. at least five people were killed by gunfire at an apartment building in a suburb south of seattle. among the dead a suspect who was shot by police officers on the scene. another two bodies found in the parking lot and two more bodies were found...
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Apr 23, 2013
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. >> neil: all i know is the faa is overall budget is higher than a year ago. >> that's right. >> neil: so there's been no huge personnel overall hit and a huge agency you can cut a lot of. >> in our editorial today, we pointed out they just expended $500 million for a program of sustainable cities. don't know what that money is being used for but i bet the american people are saying, don't cut the air traffic controllers, cut that program. there's a lot of flexibility the administration can be use. i think it's a political ploy, and you asked the question, who is going to win? i don't think the american people are going to be too happy with the president because he is furloughing. >> neil: such a pleasurable experience going to the airport. steve moore, thank you very much. one senator is offering the president a way around the furloughs. >> name one suspected terrorist, three public defenders, lots of angry taxpayers. @ >> neil: might not be an enemy combatant about dzhokar tsarnaev will be armed to the teeth. not one, not two, but three public defenders defending them, and the
. >> neil: all i know is the faa is overall budget is higher than a year ago. >> that's right. >> neil: so there's been no huge personnel overall hit and a huge agency you can cut a lot of. >> in our editorial today, we pointed out they just expended $500 million for a program of sustainable cities. don't know what that money is being used for but i bet the american people are saying, don't cut the air traffic controllers, cut that program. there's a lot of flexibility...
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Apr 23, 2013
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as of now, the furloughs mean all 47,000 faa employees, including 15 controllers, will work one less day every other week. faa administrator michael huerta found no other way to cut $637 million as required by the sequester. the faa implies that with fewer controllers on duty, planes will have to take off and land less frequently. it's not only passengers affected. sequestration may also affect air freight. the aerospace industries association predicts over the course of a year the nation's air cargo system may be as much as two billion pounds of goods lighter as a result of fewer cargo flights. boeing dreamliners may be heading for the skies, possibly as early as next week. the 787s have been grounded since january because a couple of lithium ion batteries on board caught on fire. boeing reportedly has engineers and techs working this week to install re-inforced batteries on its jets, which will reduce the risk of overheating. "it took a long time to prove this fix, about 3 weeks longer than boeing thought necessary, so i think they feel pressure now to go ahead, allow these planes
as of now, the furloughs mean all 47,000 faa employees, including 15 controllers, will work one less day every other week. faa administrator michael huerta found no other way to cut $637 million as required by the sequester. the faa implies that with fewer controllers on duty, planes will have to take off and land less frequently. it's not only passengers affected. sequestration may also affect air freight. the aerospace industries association predicts over the course of a year the nation's air...